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Daily News Digest:18 September 2020

EXPLAINED : LOK SABHA PASSES THE FARMERS' PRODUCE TRADE AND COMMERCE (PROMOTION AND FACILITATION) BILL, 2020 AND THE FARMERS (EMPOWERMENT AND PROTECTION) AGREEMENT OF PRICE ASSURANCE AND FARM SERVICES BILL, 2020

The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 aims at opening up agricultural sale and marketing outside the notified Agricultural Produce Market Committee (APMC) mandis for farmers, removes barriers to inter-State trade and provides a framework for electronic trading of agricultural produce.

The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 relates to contract farming which provides a framework on trade agreements for the sale and purchase of farm produce.

EXPLAINED : NATIONAL HISPANIC HERITAGE MONTH

It is celebrated every year from September 15 to October 15. It honours the history, culture and contributions of American citizens whose ancestors are from Spain, Mexico, the Caribbean and Central and South America. 

EXPLAINED : HOMOEOPATHY CENTRAL COUNCIL (AMENDMENT) AND INDIAN MEDICINE CENTRAL COUNCIL (AMENDMENT) BILLS

The Homoeopathy Central Council (Amendment) Bill, 2020 sets up the Central Council of Homoeopathy which seeks to regulate homoeopathic education and practice.

The Indian Medicine Central Council (Amendment) Bill, 2020 provides for the constitution of a Central Council which regulates the education and practice of the Indian medicine system including Ayurveda, Yoga and Naturopathy. The Board will consist of up to ten members.

UNION GOVT APPROVES AMENDMENT IN FOREIGN DIRECT INVESTMENT POLICY IN DEFENCE SECTOR

The Union Government has approved the amendment in Foreign Direct Investment Policy in Defence Sector. FDI is allowed up to 74% through automatic route and beyond 74% to be permitted through government (approval) route.

U.S. KEEN ON FINALISING GEO-SPATIAL COOPERATION AT 2+2 DIALOGUE IN OCTOBER

Basic Exchange and Cooperation Agreement for Geo-Spatial cooperation (BECA) will be signed at a meeting of the Quad Foreign Ministers which is scheduled to take place in Tokyo in October. It will allow India to use US geospatial maps to get pinpoint military accuracy of automated hardware systems and weapons such as cruise and ballistic missiles.

DR REDDY’S-SPUTNIK V DEAL : EXPLAINED

Drugmaker Dr Reddy’s Laboratories (DRL) announced that it will distribute 100 million (10 crore) doses of Russia’s Sputnik V Covid-19 vaccine in India. It is developed on the technology known as ‘human adenoviral vector’ technology. Sputnik V uses two different genetically modified adenoviruses to carry the spike protein.

WORLD BANK’S HUMAN CAPITAL INDEX 2020

India has been ranked at the 116th position in the latest edition of the World Bank’s annual Human Capital Index. As per the Human Capital Index report released by the World Bank, India’s score increased to 0.49 from 0.44 in 2018.

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WORLD BANK’S HUMAN CAPITAL INDEX 2020

WORLD BANK’S HUMAN CAPITAL INDEX 2020 Context India has been ranked at the 116th position in the latest edition of the World Bank’s annual Human Capital Index. Details As per the Human ...

a month ago

DR REDDY’S-SPUTNIK V DEAL : EXPLAINED

DR REDDY’S-SPUTNIK V DEAL : EXPLAINED Context Recently, Drugmaker Dr Reddy’s Laboratories (DRL) announced that it will distribute 100 million (10 crore) doses of Russia’s Sputnik V ...

a month ago

U.S. KEEN ON FINALISING GEO-SPATIAL COOPERATION AT 2+2 DIALOGUE IN OCTOBER

U.S. KEEN ON FINALISING GEO-SPATIAL COOPERATION AT 2+2 DIALOGUE IN OCTOBER Context Basic Exchange and Cooperation Agreement for Geo-Spatial cooperation (BECA) agreement to be signed by India in Octob ...

a month ago

UNION GOVT APPROVES AMENDMENT IN FOREIGN DIRECT INVESTMENT POLICY IN DEFENCE SECTOR

UNION GOVT APPROVES AMENDMENT IN FOREIGN DIRECT INVESTMENT POLICY IN DEFENCE SECTOR Context The Union Government has approved the amendment in Foreign Direct Investment Policy in Defence Sector. Deta ...

a month ago

EXPLAINED : HOMOEOPATHY CENTRAL COUNCIL (AMENDMENT) AND INDIAN MEDICINE CENTRAL COUNCIL (AMENDMENT) BILLS

EXPLAINED : HOMOEOPATHY CENTRAL COUNCIL (AMENDMENT) AND INDIAN MEDICINE CENTRAL COUNCIL (AMENDMENT) BILLS Context Recently, Parliament passed the Homoeopathy Central Council (Amendment) Bill, 2020 an ...

a month ago

EXPLAINED : NATIONAL HISPANIC HERITAGE MONTH

EXPLAINED : NATIONAL HISPANIC HERITAGE MONTH About National Hispanic Heritage Month It honours the history, culture and contributions of American citizens whose ancestors are from Spain, Mexico, the ...

a month ago

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